The Philippine Peso has strengthened against the US dollar after the suspension of the Philippine Stock Market Tuesday due to Corona Virus Disease 2019 (COVID-19).
The Philippine Peso exchange rate ranges from 51.85 to 51.01 and has closed at 51.32 upon the resumption of the market.
The stock market has gained around USD712.25 million.
The Bangko Sentral ng Pilipinas (BSP) has projected slower inflation in the country due to the COVID-19 pandemic.
